David Roger Hirons of San Diego, California, a stockbroker registered with Wedbush Securities Inc., was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $65,000.00 in damages based upon allegations of trading execution errors during the time that Hirons was associated with Wedbush Securities Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 19-03345 (August 14, 2020).
FINRA Public Disclosure shows that Hirons is referenced in three other customer initiated investment related disputes concerning Hirons’ conduct while associated with securities broker dealers, including UBS Financial Services Inc. and Wells Fargo Advisors LLC. On October 29, 2002, a customer filed an investment related complaint involving Hirons’ conduct seeking compensatory damages based upon allegations that Hirons assured the UBS customer that their closed end fund holdings would be sold without a risk of loss.
On June 23, 2003, another customer filed an investment related complaint involving Hirons’ conduct in which the customer requested $5,000.00 in damages resulting from the purchase of mutual funds when Hirons was associated with UBS Financial Services Inc.
Hirons is also referenced in a FINRA securities arbitration claim that was settled for $15,000.00 in damages based upon allegations that Hirons made misrepresentations of material fact in connection with the recommendation and sale of direct investments (DPPs and LPs) during the time that Hirons was associated with Wells Fargo Advisors LLC. FINRA Arbitration No. 09-06391 (November 25, 2010).
FINRA Public Disclosure also shows that Hirons was associated with RBC Capital Markets LLC in New York, NY, as a stockbroker from October of 2014 to April of 2018, and was associated with RBC Capital Markets LLC in La Jolla, CA, as an investment advisor representative from October of 2014 to April of 2018. RBC Capital Markets LLC discharged Hirons based upon allegations that Hirons failed to comply with the securities broker dealer’s policies.
Hirons has been associated with Wedbush Securities Inc. in San Diego, CA, as a stockbroker since May 25, 2018, and has been associated with Wedbush Securities Inc. as an investment advisor representative since May 25, 2018.
